November 25th, 2020. Amsterdam, the Netherlands<\/p>\n
The Kingfish Company has listed and commenced trading on the Oslo Stock Exchange\u2019s Merkur Market (to be renamed Euronext Growth by the end of the month). nn\u201cWe are excited to turn the page from a start-up to a scale-up, and pursue the implementation of our global expansion strategy following the listing at the Oslo Merkur Market\u201d said Ohad Maiman, founder and CEO of The Kingfish Company. nnThe Kingfish Company is a leader in high value seafood production, utilising advanced land-based Recirculating Aquaculture System (RAS) technology. It sustainably produces Yellowtail Kingfish, a highly versatile seafood species, with an active vertically integrated operation in the Netherlands, and a second site in advanced permitting in Maine, planned to supply the North American market.<\/p>\n
In preparation to its listing, The Kingfish Company\u2019s Chairman of the Supervisory Board welcomes its newest board member Helge Moen (former Managing Director Kverva), that will join Alexandre van der Wees, Jeroen Scheelbeek, and Martin Jansen. \u201cThe extensive experience and expertise of our board members is an important asset for the growth of the company, and will continue to support The Kingfish Company\u2019s management as it delivers excellence in operations and executes our future expansion plans\u201d said Hans den Bieman, Founder and Chairman of the Supervisory Board.<\/p>\n
The listing follows a private placement of EUR 50m concluded on November 11th, and saw strong support from its largest shareholders Creadev and Rabo Corporate Investments, as well as strong support from leading Norwegian investors. With the capital raised, The Kingfish Company will further increase its European production capacity, while further developing its second facility in the United States.<\/p>\n
\u201cWe have been impressed by the achievements of the company over the past 12 months, and we are glad to reinforce our support in the mission of The Kingfish Company: to leverage on the recirculating aquaculture technology to bring high quality and environmentally friendly seafood to high demand markets\u201d, said Creadev\u2019s Alexandre van der Wees.<\/p>\n
\u201cWe are proud to continue to support The Kingfish Company on its journey to bring sustainably produced Yellowtail to a wider audience in Europe and the US\u201d, said Rabo Corporate Investment\u2019s investment manager Arjan van der Hout. \u201cTheir mission and growth ambition fits perfectly with Rabobank and our family of fast growing Food & Agri companies across the world.\u201d<\/p>\n
The private placement and subsequent listing was led by DNB Markets (Sole Global Coordinator and Joint Bookrunner), in collaboration with Arctic Securities, Rabobank, Swedbank and Kepler Cheuvreux as Joint Bookrunners.<\/p>\n
The Kingfish Company is now trading under the ticker KING-ME and relevant investor information is available on its corporate website at www.the-kingfish-company.com.<\/p>","protected":false},"excerpt":{"rendered":"
The Kingfish Company is genoteerd op de Merkur-markt van de Oslo Stock Exchange onder de tickersnaam KING-ME, na een privatisering van 50 miljoen euro die op 11 november werd afgerond.<\/p>","protected":false},"author":3,"featured_media":8522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","kfs_story_extras":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-8508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investors"],"yoast_head":"\n